We won't be seeing the proper launch of backwards compatibility on the Xbox One until this Autumn, but you can play around with a handful of games right now, if you're an Xbox Preview Member. That's exactly what Ian Higton has been doing. How useful!
Join him in the video below if you'd like to see how that whole process works and a few early impressions from the man himself:
Oh and if you'd like to see big Phil Spencer make that Xbox backwards compatible announcement all over again, you can do that right here. Go on. Treat yourself: